Entitled- 336 Multifamily Units

For Sale

9055 Gerber Road, Sacramento, CA 95829

This Sacramento property for sale is located at 9055 Gerber Road. The current listed sale price for Entitled- 336 Multifamily Units is $17,900,000. Entitled- 336 Multifamily Units is situated on a lot that is 9.39 acre in size.

Contacts

broker

Greg Diodati

RE/MAX Gold Commercial | Roseville | CA

(916) 538-3399

Property Details

  • Property Type Multi-Family
  • Units 0
  • Lot Size 9.39 Acre
  • # of Floors 4
  • Date Updated Apr 26, 2024

Permit Ready Development Opportunity - 336 Units!

Discover a prime development opportunity in Sacramento, California!  This 9.39-acre commercial property presents a lucrative proposition for multifamily developers, with a proposed project of 336 multifamily units. The development emphasizes eco-friendly living and carbon-neutral design, seamlessly blending modern convenience with environmental responsibility.

Featuring an all-electric project, powered by solar panels, the units in this development aim to significantly reduce their carbon footprint. Green power through solar ensures sustainable. Furthermore, electric car charging stations will be provided on-site, promoting cleaner and more efficient transportation options.

The offering assumes a two phase development over a two year period.  Cash flows from the first phase construction commences in year three with phase two cash flows being realized in year four.  Thereafter, revenues are increased annually at a 3% rate.

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Getting around

  • 9/100

    Walk Score ®

  • 28/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Sacramento, CA
  • Neighborhood Vineyard Creek
  • Zip Code 95829
  • Market Sacramento

Points of Interest

  • Cosumnes River College

    3.58 miles

  • Center Parkway

    3.94 miles

  • College Greens

    4.74 miles

  • Franklin

    4.78 miles

  • Watt/Manlove

    4.95 miles

  • Power Inn

    5.07 miles

  • Starfire

    5.31 miles

  • Meadowview

    5.60 miles

  • Tiber

    5.65 miles

  • Butterfield

    5.91 miles

  • B&E Gasoline

    1.55 miles

  • Safeway Fuel Station

    2.05 miles

  • Arco

    2.42 miles

  • Arco

    2.60 miles

  • Fastrip

    2.64 miles

  • Arco

    2.95 miles

  • Costco Gasoline

    2.96 miles

  • Sam's Club

    2.98 miles

  • Arco

    2.99 miles

  • Chevron

    3.00 miles

  • Calvine Road Park and Ride

    3.17 miles

  • Kaiser Hospital Parking Structure

    3.22 miles

  • Sheldon Road Park And Ride

    3.79 miles

  • Parking Lot for John Ehrhardt Elementary School

    5.31 miles

  • Parking Structure IV

    5.51 miles

  • Lot 15

    5.68 miles

  • Parking Structure III

    6.03 miles

  • Faculty/Staff Parking Lot 7

    6.04 miles

  • Lot 12

    6.06 miles

  • Faculty/Staff Lot 6

    6.09 miles

  • Motel 6 Sacramento

    2.93 miles

  • Fairfield Inn

    3.06 miles

  • Red Roof Inn Sacramento - Elk Grove

    3.09 miles

  • Best Western Capital City Inn

    3.16 miles

  • Americas Best Value Inn Sacramento

    3.18 miles

  • Value Place

    3.41 miles

  • Rodeway Inn

    4.17 miles

  • Super 8 by Wyndham Sacramento/Florin Rd

    4.40 miles

  • Holiday Inn Express & Suites

    4.48 miles

  • Hilton Garden Inn

    4.53 miles

  • Walmart Supercenter

    0.28 miles

  • Mi Tierra

    1.74 miles

  • Safeway

    2.05 miles

  • Island Pacific Seafood Market

    2.26 miles

  • Kohl's

    2.27 miles

  • Foods Co

    2.38 miles

  • Save Mart

    2.52 miles

  • Grocery Outlet

    2.97 miles

  • Target

    3.14 miles

  • Foods Co

    3.32 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Greg Diodati

RE/MAX Gold Commercial | Roseville | CA

(916) 538-3399